What is the intrinsic value of the put option for ares

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Reference no: EM133185051

Question - Use the following information for Ares stock:

Type of Option

Strike/Exercise

Expiration of Option

Price of Option

Spot for Ares

Call Option

$200

3 months

$7

190

Put Option

$200

3 months

$16

190

Required - What is the intrinsic value of the put option for Ares?

Reference no: EM133185051

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